business proposals
TRANSCRIPT
Business ProposalHow to write one.
What is a Business Proposal?
•“A proposal is a sales pitch for an idea”
•“Its purpose is to persuade someone go along with your idea AND put it into action”
Business Proposal
A business proposal is perhaps one of the most critical documents you need to learn how to write.
It is what spells the difference between success and failure, whether you’re a freelancer or you have a company of your own.
• suggest an idea to your employer to change a company procedure, hire a new employee, purchase new equipment.
• recommend and idea or project to a committee or board.
• apply for a grant to fund a project.
• solicit financial backing from investors for a new business.
• solicit a contract from a potential customer or client.
Business Proposal are required in a variety of situations…
• Some PROPOSALS, like grant applications, require the completion of extensive application forms and MUST follow a format prescribed by the organization offering the grant.
Information to include in BPs will vary with the situation…
• Define your idea
• Be persuasive
• Anticipate objections
• Explain how to proceed
Criteria for writing a Business Proposal
“The size of your idea will determine the length of
your proposal”
• the purchase of new furniture for your reception area?
OR • a bank loan to start up a new
business?
What are you proposing?
ALL Proposals MUST have• Title
• Headings
_____________________________________________
• Summary
• Appendices
• Cover
The Title
• The title should be terse but clearly identify your idea.
The Headings
• Divide your persuasive argument into subtitled sections to make your proposal easier to read and your rationale easier to follow.
The Summary
• At the BEGINNING, you will provide the busy executive with a synopsis of your idea and main supporting points.
Appendices• Supporting data can be attached AT THE END.
• APPENDICES may include:
• résumés of people involved in the project
• tables & charts of financial figures (statistics)
• any information that would interrupt the flow of your PERSUASIVE argument but is essential to the PROPOSAL.
The Cover
• A LONG PROPOSAL should be bound in a plastic or cardboard cover.
BP Important considerations • Consider the TONE of your proposal.
• Let the LOGIC of your idea predominate.
• Support your idea with FACTS and information.
• Convey your ENTHUSIASM for the idea.
• Communicate a sense of urgency if you want your reader to ACT.
LAST HINT…
“WE began by saying a proposal is a sales PITCH, and you WILL
NOT successfully PITCH and idea you don’t BELIEVE in.”
“BELIEVE in your ideas and TRUST yourself.”